Find the loss percentage of the following
CP - ₹12000 ; SP - ₹4000
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1
Answer:
66.6% ...............
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4
- C.P = ₹12000
- S.P = ₹4000
- The loss percentage
CP - ₹12000
SP - ₹4000
The cost price is more than selling price
So, there is a loss
Loss = C.P - S.P
12,000 - 4,000
₹8,000
then,
Loss % = loss/C.P × 100
8,000/12,000 × 100
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